Hi,
Totally agree about the financiers (selling through VFIN & VDNM) but also saw "retail" MMs (ATDF, ETRF, CSTI) on the ask. I took out an ask @.0046 which almost certainly wasn't a financier.
Many have posted about how many shares they picked up today. It would be very interesting to know how many shares longs picked up to be able to back into "new?" shareholders. It's difficult to imagine "longs" picking up 9M shares.
Maybe a better way to look at the number of retail sells is the after hours 5.9M "net trade" which means about 3+M may have come from non financiers, but no more.
"Capitulation"? i don't believe too much today...maybe a little bit each day for the last "weak" of days...
Fridays have previously traded "interestingly"... Will people "capitulate" more, or look forward to what may happen next week?
Good luck all..